https://www.taxtmi.com/caselaws?id=35461 The Appellate Tribunal CESTAT, Chennai, granted the waiver of pre-deposit of service tax amounting to Rs. 1,65,53,563 for off-shore services from March 2004 to September 2007. The Tribunal held that grossing up under Section 195A of the Income Tax Act does not apply for computing service tax. It distinguished a previous decision on tax deducted at source exclusion, stating that the services received were eligible for Cenvat credit, ensuring revenue neutrality. The Tribunal found a strong prima facie case for unconditional waiver and stayed the recovery pending appeal, with the order pronounced on 18-5-2009. en-us Mon, 18 May 2009 00:00:00 +0530 Mon, 08 Mar 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35461 The Appellate Tribunal CESTAT, Chennai, granted the waiver of pre-deposit of service tax amounting to Rs. 1,65,53,563 for off-shore services from March 2004 to September 2007. The Tribunal held that grossing up under Section 195A of the Income Tax Act does not apply for computing service tax. It distinguished a previous decision on tax deducted at source exclusion, stating that the services received were eligible for Cenvat credit, ensuring revenue neutrality. The Tribunal found a strong prima facie case for unconditional waiver and stayed the recovery pending appeal, with the order pronounced on 18-5-2009. Case-Laws Service Tax Mon, 18 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35461